DeWitt, IA High Cap Rate Commercial Investment Properties for Sale
Explore commercial real estate investment properties for sale in DeWitt, Iowa Market population: 5K. Explore income-producing properties with verified cap rates and operating...
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11 properties found
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⭐ Featured
Strategic Oakland Investment: 5476 Vicente Way in High-Demand 94609 Zip Code
$1,200,000
Oakland
Multifamily
Cap Rate
2.70%
NOI
$32,400
Size
1,800 SF
📊 Avg Property Tax Rate For DeWitt IA Properties: 1.1000%
⭐ Featured
High-Cap-Rate Value-Add Multifamily Investment in Oakland
$2,299,999
Oakland
Multifamily
Cap Rate
7.97%
NOI
$183,323
Size
6,104 SF
Investor Questions For DeWitt IA
Common questions from investors exploring commercial real estate in DeWitt IA.
What's the overall investment potential of DeWitt, IA, considering its demographics and economy?
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DeWitt, IA, with a population of 5,301 and a median age of 42.0, presents a stable investment market, given its median household income of $60,054 and a relatively low poverty rate of 10.9%, which is further bolstered by a high health insurance coverage rate of 96.1%, indicating a financially secure community.
How does the ethnic diversity and industry mix in DeWitt, IA, impact real estate demand?
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The top ethnicities in DeWitt, IA, being White (48.6%), White Non-Hispanic (47.9%), and Hispanic (1.6%), suggest a diverse but predominantly homogeneous community, which, combined with top industries like Finance & Insurance, Educational Services, and Manufacturing, indicates a stable demand for housing due to employment opportunities, especially considering the average commute time of 21.2 minutes which facilitates easy access to workplaces.
What are the implications of DeWitt, IA's, poverty rate and health insurance coverage for real estate investors?
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The 10.9% poverty rate in DeWitt, IA, although relatively low, when considered alongside the high health insurance coverage rate of 96.1%, suggests a market with a significant portion of the population having access to healthcare, which can imply a level of financial stability and lower risk for investors, as it may reflect in more reliable tenants and homeowners.
How do the commute times and methods in DeWitt, IA, affect the quality of life and, by extension, property values?
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With an average commute time of 21.2 minutes and top commute methods including driving alone, carpooling, and working from home, DeWitt, IA, offers a convenient and flexible lifestyle, which can enhance the quality of life for residents, potentially increasing property values due to the desirability of the area for both families and professionals, especially when coupled with a high homeownership rate of 74.2%.
What insights can be gleaned from DeWitt, IA's, income inequality and median property value for real estate investment strategies?
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The GINI coefficient of 0.378, indicating moderate income inequality, combined with a median property value of $137,900, suggests that DeWitt, IA, has a housing market that is accessible to a wide range of buyers, from moderate to higher-income households, providing investors with a broad potential market for rentals or sales, and the median property taxes of $1,582 offer a relatively stable and predictable cost structure for investment properties.
DeWitt IA Real Estate & City Facts
Key facts and real estate information about DeWitt IA.
What are some of the best neighborhoods to live in DeWitt?
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Some of the best neighborhoods to live in DeWitt include the ones near the downtown area, which offer a mix of old and new homes, and the neighborhoods near the schools, which are known for being family-friendly. According to Niche.com, DeWitt has some of the lowest cost of living suburbs in Iowa, and it's also ranked as one of the best suburbs to buy a house in Iowa. You can also check out the neighborhoods near Princeton and Rapids City, which are known for having good deals on homes.
What are some fun things to do in DeWitt?
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There are plenty of fun things to do in DeWitt, such as visiting the TYCOGA Winery & Distillery, exploring the DeWitt Chamber and Development Company, and checking out the antique shops like The Old Co-op Antiques and Emma Rae's Antiques & Uniques. You can also visit the Family Museum for an afternoon of interactive exhibits and educational classes. If you're looking for outdoor activities, you can try golf, mountain biking, or running in one of the many parks in the area.
What is the food scene like in DeWitt?
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The food scene in DeWitt is a mix of local eateries and chain restaurants. You can find great BBQ at places like Chubbs BBQ and Henn House BBQ Catering & Food Truck, and there are also plenty of great food trucks like Wolfe It Down Pizza and The Street Food Fighter. If you're looking for a sit-down meal, you can try Ruthie's Steak & Seafood at the Rhythm City Casino or Granite City Food & Brewery. There are also plenty of great ice cream shops like Smilee's Ice Cream and More.
What are the pros and cons of living in DeWitt?
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The pros of living in DeWitt include its low cost of living, family-friendly atmosphere, and plenty of outdoor activities to enjoy. However, some cons include the limited job opportunities and the fact that it's a small town, which may not be suitable for everyone. According to Data USA, the median household income in DeWitt is around $60,000, and the poverty rate is around 10%. Overall, DeWitt is a great place to live for those who value a close-knit community and a relaxed pace of life.
Is DeWitt a good place to live?
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DeWitt is a great place to live for those who value a small-town atmosphere and a close-knit community. It offers a low cost of living, plenty of outdoor activities, and a family-friendly environment. However, it may not be suitable for everyone, especially those who are looking for a more urban lifestyle or more job opportunities. According to Livability.com, DeWitt is one of the best places to live in Iowa, and it's also ranked as one of the safest cities in the state. Overall, DeWitt is a great choice for those who want to escape the hustle and bustle of city life and enjoy a more relaxed pace of living.
⭐ Featured
Prime Oakland Multifamily Investment: 6-Unit Apartment Building with 7.97% Cap Rate in Temescal
$2,299,999
Oakland
Apartment Building
Cap Rate
7.97%
NOI
$183,300
Size
0 SF
📊 Average Income For DeWitt IA Commercial Property: $60,054
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⭐ Featured
Prime Oakland Multifamily Investment: 6-Unit Property with 7.97% Cap Rate in Temescal
$2,299,999
Oakland
Multifamily
Cap Rate
7.97%
NOI
$183,324
Size
0 SF
⭐ Featured
Prime Value-Add Opportunity: 8-Unit Multifamily Asset in San Fernando, CA
$1,750,000
San Fernando
Multifamily
Cap Rate
6.66%
NOI
$116,550
Size
5,040 SF
⭐ Featured
Prime Valley Village Multifamily: 48-Unit Modern Apartment Complex with 3.39% Cap Rate
$30,000,000
Valley Village
Multifamily
Cap Rate
3.39%
NOI
$1,017,000
Size
52,393 SF
⭐ Featured
Prime San Fernando Multifamily: 5-Unit Value-Add Opportunity with 7.76% Cap Rate
$1,275,000
San Fernando
Multifamily
Cap Rate
7.76%
NOI
$98,945
Size
10,888 SF
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⭐ Featured
Prime Investment Opportunity: 1531 Green St, Philadelphia, PA - Value-Add Multifamily Asset
$1,375,000
Philadelphia
Multifamily
Cap Rate
%
NOI
$0
Size
6,624 SF
⭐ Featured
Prime 15-Unit Multifamily Investment in Heart of San Francisco
$4,895,000
San Francisco
Multifamily
Cap Rate
%
NOI
$0
Size
8,225 SF
⭐ Featured
7-Unit Multifamily Value-Add Opportunity in Long Beach with 7% Cap Rate
$2,100,000
Long Beach
Multifamily
Cap Rate
7.00%
NOI
$144,960
Size
6,074 SF
⭐ Featured
Prime Arcata Multifamily Value-Add: 126-Unit Garden Apartment with 8.67% Cap Rate
$12,750,000
Arcata
Multifamily
Cap Rate
8.67%
NOI
$99,999
Size
87,484 SF
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